29 February 2024 false No description of principal activity Taxfiler 2024.6 14653860business:PrivateLimitedCompanyLtd2024-02-292025-02-28 146538602024-02-28 146538602024-02-292025-02-28 14653860business:AuditExempt-NoAccountantsReport2024-02-292025-02-28 14653860business:FilletedAccounts2024-02-292025-02-28 146538602025-02-28 14653860business:Director12024-02-292025-02-28 14653860business:RegisteredOffice2024-02-292025-02-28 146538602024-02-28 14653860core:WithinOneYear2025-02-28 14653860core:WithinOneYear2024-02-28 14653860core:AfterOneYear2025-02-28 14653860core:AfterOneYear2024-02-28 14653860core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 14653860core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 14653860core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 14653860core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 14653860core:PreviouslyStatedAmount2025-02-28 14653860core:PreviouslyStatedAmount2024-02-28 14653860business:SmallEntities2024-02-292025-02-28 14653860countries:EnglandWales2024-02-292025-02-28 14653860core:ComputerEquipment2024-02-292025-02-28 14653860core:ComputerEquipment2024-02-28 14653860core:ComputerEquipment2025-02-28 14653860core:WithinOneYear2024-02-292025-02-28 14653860core:AfterOneYear2024-02-292025-02-28 14653860business:Director112024-02-292025-02-28 14653860business:Director112024-02-28 14653860business:Director112025-02-28 146538602023-02-102024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 14653860 (England and Wales)
Gilead Psychological Associates Ltd Unaudited accounts for the period from 29 February 2024 to 28 February 2025
Gilead Psychological Associates Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gilead Psychological Associates Ltd Company Information for the period from 29 February 2024 to 28 February 2025
Director
Dr. Ricardo Estee-Wale
Company Number
14653860 (England and Wales)
Registered Office
29 Friary Court Woking Surrey GU21 8UR England
Accountants
Bim O Ewetade AE Accountax Ltd 1, Reynard House, 5A Castlefield Road Reigate Surrey RH2 0SA
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Gilead Psychological Associates Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1 
- 
Current assets
Cash at bank and in hand
921 
4,067 
Creditors: amounts falling due within one year
5
(13,682)
(13,734)
Net current liabilities
(12,761)
(9,667)
Total assets less current liabilities
(12,760)
(9,667)
Creditors: amounts falling due after more than one year
6
(49,280)
(57,429)
Net liabilities
(62,040)
(67,096)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(62,041)
(67,097)
Shareholders' funds
(62,040)
(67,096)
For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2025 and were signed on its behalf by
Dr. Ricardo Estee-Wale Director Company Registration No. 14653860
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Gilead Psychological Associates Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
Gilead Psychological Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 14653860. The registered office is 29 Friary Court, Woking, Surrey, GU21 8UR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 100% FYA for computers. The FYA allows for the full deduction in the year of acquisition.
Computer equipment
100%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 29 February 2024
1,472 
Additions
2,009 
At 28 February 2025
3,481 
Depreciation
At 29 February 2024
1,472 
Charge for the period
2,008 
At 28 February 2025
3,480 
Net book value
At 28 February 2025
1 
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Gilead Psychological Associates Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
13,151 
12,730 
Accruals
531 
1,004 
13,682 
13,734 
This amount is made up of balances for account services and software for the company.
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Taxes and social security
55,034 
57,429 
Loans from directors
(5,754)
- 
49,280 
57,429 
On the incorporation of Gilead Psychological Associates Ltd. outstanding tax liabilities of £ 58,833.88 from the pre-incorporation period have been transferred to the new company's accounts. These taxes represent the amounts due to the HMRC for income tax, etc., which were accrued before the formal incorporation of the business. The following steps have been taken to account for these liabilities: • The outstanding tax amounts have been recorded in the Outstanding Taxes account. • Regular payments has been scheduled to settle these amounts as per the payment terms agreed with the HMRC The Director will monitor and ensure timely settlement of these outstanding taxes to maintain the company's financial health and compliance with tax regulations.
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Dr. Ricardo Estee-Wale
Outstanding loan
17,000 
- 
11,246 
5,754 
17,000 
- 
11,246 
5,754 
8
Average number of employees
During the period the average number of employees was 1 (2024: 1).
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